Global Citric Acid Market by Forms, Applications, Regions — Market Size, Share and Trends, Forecast 2020–2026

Global Citric Acid Market is valued to reach USD 3.78 Billion in 2025, growing at CAGR of 4.8% during 2020–2026. The key factors driving the market are rising demands from RTD beverages and RTE foods, growing demand in pharmaceutical industry for manufacturing of digestive medicines and increasing consumer preference for products consisting of plant-based natural ingredients.

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Citric acid is an organic acid that occurs naturally in fruits. It is an intermediate that comes in the citric acid cycle which occurs in the metabolism of all aerobic creatures. Around a million tons of citric acid is manufactured every year due to its wide application in various end-use industries.

The high demand from the food and beverage industry is one of the major factors that is stimulating the growth of the market in the forecast period. The consumers prefer products that consist of plant-based natural ingredients due to increase in the numerous health-related issues. Citric acid is also widely used in the cleaning products as there is a ban on the usage of phosphate in various regions which is likely to support the market growth in the upcoming period. The key players in the market are making various developments. Various research and development activities are being carried out by the major players which are supporting the market growth in the forecast period. However, excess consumption of the citric acid can have adverse effects on the health which may act as one of the major challenges in the market growth. On the other hand, the rise in the pharmaceutical industry is providing various opportunities for the market to grow in the upcoming period.

Market Trends, Drivers, Restraints, and Opportunities:

Demand for processed foods and ready-to-drink beverages has been increasing in emerging countries due to growing urbanization, disposable incomes, busy lifestyles, and economic growth, this is boosting the growth of the citric acid market.
Surging demand for ready-to-eat (RTE) foods and ready-to-drink (RTD) beverages is another major aspect favoring market growth.
However, aggressive rivalry from niche as well as robust players in the market is likely to impede the market growth in the near future.
Citric acid is growing being employed in biopolymers, for tissue engineering, drug delivery, and numerous other biomedical uses. It finds applications for the biochemical percolation of impurities from natural minerals to abstract metals of concern. These trends are projected to boost increasing is manufacturing and use in untapped industries.
It is also is used in poultry. Adding citric acid in food indicated to be advantageous, as it reduced pathogenic microbes that affect the intestinal wellbeing of the poultry thereby, such trends are anticipated to positively impact on the market growth.